Solve the following questions based off of the information provided below. Also, is the sales number correct on the income statement? I feel like I might have messed that one up?

Round to nearest penny Round to nearest 0.00% 1 Compute the following four items for Movable Mandy Corporation: (show your work) 2 3 1) The average cost of producing one unit of equipment for the year. 4 5 6 7 2) The gross profit margin. 8 9 10 11 12 3) The prime costs. 13 14 15 16 17 4) The conversion costs. 18 19 20 21 22 F G B D E Prepare a Cost of Goods Manufactured Statement using good formatting (Note: put the dollar signs in the narrow columns and be sure to use underline and double underline. 1 2 3 4 5 6 7 8 9 10 11 Movable Mandy Corporation Schedule of Cost of Goods Manufactured Year ended December 31, 2020 $ 54,450 850,000 (93,840) $ 810,610 956,000 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Beginning Materials Inventory (Jan 1, 2020) Purchases of raw materials Ending materials inventory (Dec 31, 2020) Direct Materials Direct Labor Manufacturing Overhead: Indirect Labor Factory Supplies Depreciation on Factory Equipment Rent on the factory building Utilities on the factory building Repairs on factory equipment Insurance on factory building & equipment Total Manufacturing Overhead Total Cost of Production Beginning work in process inventory (Jan 1, 2020) Ending work in process inventory (Dec 31, 2020) Cost of Goods Manufactured 219,000 22,000 46,000 36,000 12,000 24,500 3,900 363.400 2,130,010 31,000 (42,000) 2.119.010 WN B D E 1 Prepare a Cost of Goods Sold Statement using good formatting 2 (Note: put the dollar signs in the narrow columns and be sure to use underline and double underline. 3 4 Movable Mandy Corporation 5 Schedule of Cost of Goods Sold 6 Year ended December 31, 2020 7 Finished Goods Inventory (Jan 1, 2020) $ 61,050 8 Cost of Goods Manufactured 2,119,010 9 Total Goods Available for Sale 2,180,060 10 Finished Goods Inventory (Dec 31, 2020) (102,120) 11 Cost of Goods Sold 2,077,940 12 13 14 15 123 for D E F G B The selling price of the conveyors is: 500 Prepare a Multi-step Income Statement using good formatting 4A 1 2 3 4 5 6 7 8 9 10 11 $ 3,437,000 (2,077,940) 1,359,060 12 225,000 38,600 263,600 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Movable Mandy Corporation Income Statement Year ended December 31, 2020 Sales Cost of Goods Sold Gross Profit Expenses: Salespersons commissions $ Salespersons auto expense Total Selling Expense Administration salaries Utilities on the administration building Rent on the adminstration building Office expense Repairs on office equipment Insurance on office building & equipment Depreciation of office equipment Total Administration Expense Total Expenses Net Income 345,000 3,000 60,000 4,800 3,200 2,200 16,000 434,200 697,800 661,260 27